[Gujarati Club] last chance for Income tax Investment (80c)


Dear sir

 

We will suggest following 2 ELSS funds and reasons for the same.

 

  1. Sundaram Tax Saver :

 

Rs.26.50 dividend (265%) declared during last 5 years

           NAV : Rs. 7.86 Only as on 20.03.09

           Investment in Largecap "A" Group Stocks : 95 %

 

  1. Kotak Tax Saver :

30% & 35% dividend declared during last 2 years

            NAV : Rs. 5.24 only as on 20.03.09

Investment in Largecap "A" Group Stocks : 88-90 %

   

 

1 Year

3 Year

5 Year

7 Year

9 Year

Since Inception

Sundaram BNP Paribas Tax Saver

 

-47.60

5.20

21.70

30.30

18.00

19.10

Benchmark BSE200

-56.50

-0.80

8.60

19.00

7.70

9.40

 

We are also enclosing herewith Best MF comparision chart for your reference.

 

Why ELSS (Mutual Fund) is better tax saving instrument than others because of followings :

 

 

N.S.C. :                     Lock in Period : 6 years     

 Interest Income – Taxable

                                 Return : 8%

 

PPF    :                     Lock in Period : 15 years    

 Interest Income – Tax Free

                                 Return : 8%

 

Bank F.D. :              Lock in Period : 5 years

Interest Income - Taxable

Return : 9%

 

Mutual Fund :         Lock in Period : 3 years     

Interest Income – Tax Free

                                Return :  15-20%

 

 

So, Grab this opportunity of Investing in bad market conditions as history shows investing in bad times and selling the same in good times always give huge profits.

 

Please note that we have offices all over India.

 

Thanks & Regards

Nikhil Vadia  - 98197 55658

 

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